VERMES is a metalworking company in Torhout. Public Limited, started on 28 August 1987, 1 establishment.

What is the address of VERMES?

The registered office of VERMES is located at Kwaplasstraat 67 B, 8820 Torhout.

Is VERMES still active?

Yes. According to the CBE (30 October 2026) VERMES is active, legal situation “Normale toestand”, started on 28 August 1987.

Is VERMES registered on Peppol?

Yes, VERMES is registered on the Peppol network with ID 0208:0431867160.

What is the enterprise number of VERMES?

The enterprise number of VERMES is BE0431867160.

When was VERMES founded?

VERMES was founded on 28 August 1987.

Who are the directors of VERMES?

According to the 2025 annual accounts, the directors of VERMES are: ANDIRO NV, DELTI BV, AD REM NV.

Is VERMES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 August 1987; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did VERMES make in 2025?

VERMES posted a profit after taxes of € 52,677 in financial year 2025.

What is the revenue of VERMES?

As a small company, VERMES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 364,901.

How much does an employee at VERMES earn?

The average wage cost per full-time employee at VERMES was € 86,400 in 2025: staff costs of € 259,179 for 3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VERMES have?

According to the 2025 annual accounts, VERMES has 3 full-time equivalents (FTE).

VERMES (Public Limited) - Torhout - BE0431867160

Dossier VERMES, printed on 30 October 2026 from databakkes.be/en/0431867160/vermes. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 3.7 to 3.

Financials

Financial year 2025

VERMES from Torhout, company number BE0431867160, closed financial year 2025 with a result of € 52,677 after tax. For that financial year VERMES recorded a gross margin of € 364,901 and equity of € 172,812. Compared with financial year 2024, the result moved from € 8,231 to € 52,677. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.

What it is worth Growing

€ 172,812

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 52,677

▲ € 44,446 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 72,227

▲ € 67,237 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 52,000 paid out

99 % of the profit went to the shareholders, mostly to ANDIRO (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

▼ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 259,179

▲ 13% vs 2024

€ 86,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 25,820

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 153,734

▼ 47% vs 2024

€ 74,102 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 87,941

▲ 104% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 26,501

▲ 105% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 305,411 Gross margin 2022: € 305,411 First fiscal year in the series	€ 336,686 Gross margin 2023: € 336,686 ▲ 10% vs 2022 (€ 305,411) Favourable step	€ 291,961 Gross margin 2024: € 291,961 ▼ 13% vs 2023 (€ 336,686) Unfavourable step	€ 364,901 Gross margin 2025: € 364,901 ▲ 25% vs 2024 (€ 291,961) Favourable step	▲ 25%
Profit after taxes	€ 19,796 Profit after taxes 2022: € 19,796 First fiscal year in the series	€ 37,827 Profit after taxes 2023: € 37,827 ▲ 91% vs 2022 (€ 19,796) Favourable step	€ 8,231 Profit after taxes 2024: € 8,231 ▼ 78% vs 2023 (€ 37,827) Unfavourable step	€ 52,677 Profit after taxes 2025: € 52,677 ▲ € 44,446 vs 2024 (€ 8,231) Favourable step	▲ € 44,446
Equity	€ 169,477 Equity 2022: € 169,477 First fiscal year in the series	€ 171,403 Equity 2023: € 171,403 ▲ 1% vs 2022 (€ 169,477) Favourable step	€ 172,135 Equity 2024: € 172,135 Unchanged (€ 171,403) Favourable step	€ 172,812 Equity 2025: € 172,812 Unchanged (€ 172,135) Favourable step
Total debts	€ 367,138 Total debts 2022: € 367,138 First fiscal year in the series	€ 443,015 Total debts 2023: € 443,015 ▲ 21% vs 2022 (€ 367,138) Unfavourable step	€ 356,106 Total debts 2024: € 356,106 ▼ 20% vs 2023 (€ 443,015) Favourable step	€ 325,604 Total debts 2025: € 325,604 ▼ 9% vs 2024 (€ 356,106) Favourable step	▼ 9%
Cash	€ 8,684 Cash 2022: € 8,684 First fiscal year in the series	€ 12,960 Cash 2023: € 12,960 ▲ 49% vs 2022 (€ 8,684) Favourable step	€ 4,990 Cash 2024: € 4,990 ▼ 61% vs 2023 (€ 12,960) Unfavourable step	€ 72,227 Cash 2025: € 72,227 ▲ € 67,237 vs 2024 (€ 4,990) Favourable step	▲ € 67,237
Land & buildings	€ 4,902 Land & buildings 2022: € 4,902 First fiscal year in the series	€ 3,774 Land & buildings 2023: € 3,774 ▼ 23% vs 2022 (€ 4,902) Unchanged	€ 1,662 Land & buildings 2024: € 1,662 ▼ 56% vs 2023 (€ 3,774) Unchanged	€ 788 Land & buildings 2025: € 788 ▼ 53% vs 2024 (€ 1,662) Unchanged	▼ 53%
Retained profit	€ 107,977 Retained profit 2022: € 107,977 First fiscal year in the series	€ 109,903 Retained profit 2023: € 109,903 ▲ 2% vs 2022 (€ 107,977) Favourable step	€ 110,635 Retained profit 2024: € 110,635 ▲ 1% vs 2023 (€ 109,903) Favourable step	€ 111,312 Retained profit 2025: € 111,312 ▲ 1% vs 2024 (€ 110,635) Favourable step	▲ 1%
Dividend	€ 4,000 Dividend 2022: € 4,000 First fiscal year in the series	€ 35,900 Dividend 2023: € 35,900 ▲ € 31,900 vs 2022 (€ 4,000) Unchanged	€ 7,500 Dividend 2024: € 7,500 ▼ 79% vs 2023 (€ 35,900) Unchanged	€ 52,000 Dividend 2025: € 52,000 ▲ € 44,500 vs 2024 (€ 7,500) Unchanged	▲ € 44,500
Bank debt	€ 275,560 Bank debt 2022: € 275,560 First fiscal year in the series	€ 306,943 Bank debt 2023: € 306,943 ▲ 11% vs 2022 (€ 275,560) Unfavourable step	€ 288,759 Bank debt 2024: € 288,759 ▼ 6% vs 2023 (€ 306,943) Favourable step	€ 153,734 Bank debt 2025: € 153,734 ▼ 47% vs 2024 (€ 288,759) Favourable step	▼ 47%
Balance sheet total	€ 536,614 Balance sheet total 2022: € 536,614 First fiscal year in the series	€ 614,418 Balance sheet total 2023: € 614,418 ▲ 14% vs 2022 (€ 536,614) Unchanged	€ 528,240 Balance sheet total 2024: € 528,240 ▼ 14% vs 2023 (€ 614,418) Unchanged	€ 498,416 Balance sheet total 2025: € 498,416 ▼ 6% vs 2024 (€ 528,240) Unchanged	▼ 6%
Employees (FTE)	3.8 Employees (FTE) 2022: 3.8 First fiscal year in the series	3.7 Employees (FTE) 2023: 3.7 ▼ 0.1 vs 2022 (3.8) Unchanged	3.6 Employees (FTE) 2024: 3.6 ▼ 0.1 vs 2023 (3.7) Unchanged	3 Employees (FTE) 2025: 3 ▼ 0.6 vs 2024 (3.6) Unchanged	▼ 0.6

Key figures of VERMES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to VERMES?

What happened at VERMES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 15, 2026 New annual accounts for financial year 2025: profit of € 52,677 (▲ € 44,446 vs 2024). Source: NBB ↗
Sep 14, 1987 New establishment in Torhout. KBO
Aug 28, 1987 Start of the company according to the CBE. KBO

In short

From € 19,796 profit in 2022 to € 52,677 profit in 2025.

Paid € 6,230 in corporate taxes since 2022.

Best year ever: 2025, with € 52,677 profit.

On average € 121,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ANDIRO 100%

The stake of ANDIRO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

VERMES

Behind VERMES are ANDIRO NV, DELTI BV and AD REM NV. The shares are held by ANDIRO (100%).

Directors

According to the 2025 annual accounts

ANDIRO NV

Director · represented by Solange De Decker

Also active at: RADIUS II, ANFORA

DELTI BV

Director · represented by Luc Declerck

Also active at: ANDIRO

AD REM NV

Managing director · represented by Pierre Veys

Also active at: ANDIRO, ANFORA

Shareholders

ANDIRO

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kwaplasstraat 67 B

8820 Torhout

2.030.070.537

Kwaplasstraat 67B

8820 Torhout

Active since 14 September 1987

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0431.867.160

VAT number

BE 0431.867.160

Registered office

Kwaplasstraat 67 B, 8820 Torhout

Names & denominations

VERMES

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 August 1987

Peppol

Active · Active since 2 Jun 2025

Activities · NACE

Verspanend bewerken van metalen

Vervaardiging van overige producten van metaal, neg

Vervaardiging van overige artikelen van metaal, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

VERMES

Warning lights

Financials

What happened to VERMES?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions